Listed by Cushman & Wakefield - Sacramento, California
$1,963,000
Take 5 Oil Change Ground Lease
Details
Property Type Retail
Sub Type Auto Shop, Storefront
Square Footage 1,708
Cap Rate 5.35%
NOI $105,000
Tenancy Single
Brand/Tenant Jiffy Lube, Take 5 Oil Change
Lease Type Absolute NNN
Lease Term 20.1
Lease Expiration 12/30/2045
Remaining Term 19.6
Rent Bumps Yes
Price per SqFt $1,149
Broker Co-Op Yes
Year Built 2025
Acreage 0.960
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 12/14/2025
Ground Lease Yes
CORPORATE GUARANTEE | New 20-Year Ground Lease
Marketing description
New 20-year absolute NNN ground lease to Take 5 Oil Change, a rapidly growing automotive services provider in the U.S.
Rare 3% annual rental increases in initial term and option periods, ensuring consistent income growth.
Tenant handles all taxes, insurance, and maintenance, including roof, structure, and parking lot, ideal for both out-of-area or local investors.
Take 5 Oil Change added over 100 new franchise locations in 2024, nearly doubling its franchise footprint in just two years.
The brand climbed to #27 on Entrepreneur’s list of fastest-growing franchises, reflecting its rapid expansion and strong market presence.
Take 5 Oil Change reported a 9.2% increase in same-store sales for Q4 2024, marking 18 consecutive quarters of positive growth.
Florida is an income tax-free state, greatly enhancing the appeal of this location.
Investment highlights
- Prime Take 5 Oil Change Location: High-visibility and easily accessible location at the signalized four-way intersection of Sorrento Road and South Blue Angel Parkway, which experiences a combined traffic count of 42,000+ vehicles per day.
- Reliable Tenancy: Take 5 Oil Change added over 100 new franchise locations in 2024, nearly doubling its franchise footprint in just two years.
- Strong Demographic Base: The five-mile radius serves a populous region of 43,987, with an average annual household income of $122,798 within three miles.
- Prime Location Near Major Pensacola Traffic Drivers: Five miles from the National Naval Aviation Museum, which attracts approximately 750,000 annual visitors, making it the Gulf Coast’s most-visited attraction west of Tampa and east of New Orleans.
- Zero Management Responsibilities: Absolute NNN ground lease structure transfers maintenance and expense obligations to tenant, including roof, structure, and parking lot.
- Growing Market Dynamics: Projected income increases within 1-, 3-, and 5-mile radii over the next five years poise this Take 5 Oil Change and Pensacola for steady concurrent growth.
Listing Contacts
Listed by Cushman & Wakefield - Sacramento, California
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$105,000.00
$8,750.00/mo
Valuation Metrics
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DSCR
5.35%
Cap Rate
5.35%
ROI
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